The United States online gambling market is projected to

New York, June 15, 2021 (GLOBE NEWSWIRE) – Reportlinker.com announces the release of United States Online Gambling Market- Growth, Trends and Forecasts (2020-2025) report – https://www.reportlinker.com / p06000988 /? utm_source = GNW
– New Jersey is currently the largest regulated online gambling market in the United States. Over a dozen legal and licensed online casino sites and poker rooms compete for a total market of more than $ 225 million per year. There are a number of sports betting and online sports betting apps in the state.
– According to data released by the Division of Gaming Enforcement (DGE) in June 2019, the revenues of the top three online casinos in New Jersey were as follows. The Golden Nugget / Betfair accounted for $ 13.6 million, the Resorts AC $ 6.39 million and Borgata / Party generated revenue of $ 5.66 million.

Important market trends
Live casino is gaining momentum in the country

The live casino market is still in its infancy in the country due to its strict regulations. However, software providers like Ezugi and Evolution Gaming have obtained licenses to offer their live deal games in New Jersey. Therefore, global players are investing heavily and entering this market in order to broaden their geographic presence and customer base. For example:? In January 2018, Evolution Gaming opened its first live casino studio in Vancouver. The New Jersey studio has ten tables with a variety of games, including American Roulette, Blackjack, Baccarat, and Slingshot Roulette. In addition, Evolution Gaming has signed contracts with several licensed operators such as Ocean Resort Casino, Hard Rock Hotel & Casino Atlantic City, 888casino and PokerStars Casino New Jersey. In addition to the key players, software vendors are also considering mergers and acquisitions as one of their key strategies for consolidating and optimizing their offerings. In January 2019, for example, Evolution Gaming acquired the live dealer gaming provider Ezugi. Ignition Casino, BetOnline, MyBookie, Bovada, 5Dimes and The BoVegas Casino are some of the most famous players that offer live casino games across the country.

Pennsylvania is the fastest growing market

Pennsylvania is the fourth and largest state to legalize and regulate online gambling. The new law allows online casinos, online poker, sports betting, and more. Casino games (including slots and casino table games like roulette and blackjack), poker, sports betting / horse racing, and fantasy betting are regulated by the Pennsylvania Gaming Control Board, while lotteries are regulated by the Pennsylvania Lottery. According to data released by the American Gaming Association, the total gross gaming revenue of Pennsylvania’s casinos in 2017 was approximately $ 3,226.92 million, the second highest after Nevada. Hence, regulation of online casinos in the state is expected to increase the number of downloads of various online casino games and bring more revenue to the overall online gambling market. Following the upcoming launch of internet gambling in the state of Pennsylvania in 2019, the companies are entering into partnerships to meet the growing demand for these online casino platforms and provide consumers with a better online casino gaming experience

Competitive landscape
The United States gaming market is highly fragmented and includes regional and global players such as 888 Holdings PLC, William Hill PLC, Caesars Entertainment Corporation, and others. Big players are focusing on mergers and acquisitions to expand their presence in the country and improve their brand portfolio to suit different consumer preferences. Merger and Acquisition is the most preferred strategy in the casino gambling market. The main actors also enter into partnerships / agreements to improve their offerings. In addition, these players also focus on introducing their offer in the new potential markets. For example: In 2018, 888 Holdings PLC launched a new portfolio of live dealer casino games in New Jersey as part of the continued expansion of its Garden State business.

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